David A. Morken - Mar 31, 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Chairman & CEO, Director, 10%+ Owner
Signature
/s/ Leah Webb, Attorney-in-Fact for David A. Morken
Stock symbol
BAND
Transactions as of
Mar 31, 2022
Transactions value $
-$31,515
Form type
4
Date filed
4/4/2022, 05:38 PM
Previous filing
Feb 23, 2022
Next filing
Apr 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAND Class A Common Stock Options Exercise $0 +2.19K +14.47% $0.00 17.3K Mar 31, 2022 Direct
transaction BAND Class A Common Stock Tax liability -$31.5K -973 -5.62% $32.39 16.3K Mar 31, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BAND Restricted Stock Units Options Exercise $0 -2.19K -12.5% $0.00 15.3K Mar 31, 2022 Class A Common Stock 2.19K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F2 On January 3, 2022, the Reporting Person was granted 17,502 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2022, and the remainder vest in three equal annual installments beginning on January 3, 2024.

Remarks:

Exhibit 24 - Power of Attorney.